BETA

VASSILIADIS FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
VASSILIADIS FAMILY FOUNDATION (EIN 82-2964852)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202043219349104684
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-16T14:33:54-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953159181PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LEVITZACKSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1450 B STREET SUITE 500AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92101ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822964852EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE VASSILIADIS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVASSBusinessNameControlTxt
Phone6192391211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 B ST SUITE 2400AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL VASSILIADISPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone6192391211PhoneNum
Signature2020-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL C FRIEDMANPreparerPersonNm
PTINP00283655PTIN
Phone6192381077PhoneNum
Preparation2020-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.12.202.140IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-11IPDt
IP Tm14:51:28IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdAFE69D24C5F2B2FFA615508F2401F35C9B84F1E6AtSubmissionCreationDeviceId
At Submission Filing Device IdAFE69D24C5F2B2FFA615508F2401F35C9B84F1E6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$37,786,022FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$101,319InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$101,319InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$89,342DividendsRevAndExpnssAmt
Dividends Net Invst Incm$89,342DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$70,038NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$336,402GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$265,125OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$265,125OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$385,748TotalRevAndExpnssAmt
Total Net Invst Incm$455,786TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$50,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$50,000CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$5,428LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$5,428LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$17,314AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$17,314AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$5,670TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$4,070TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,044,611OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$19,927OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$173OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,123,023TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$19,927TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$76,985TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,123,023TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$19,927TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$76,985TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$737,275ExcessRevenueOverExpensesAmt
Net Investment Income$435,859NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$731,345SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$869,874SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$869,874SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,205,382CorporateStockBOYAmt
Corporate Stock EOY$3,277,793CorporateStockEOYAmt
Corporate Stock EOYFMV$3,432,148CorporateStockEOYFMVAmt
Other Investments BOY$9,410,631OtherInvestmentsBOYAmt
Other Investments EOY$5,756,860OtherInvestmentsEOYAmt
Other Investments EOYFMV$33,484,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$12,347,358TotalAssetsBOYAmt
Total Assets EOY$9,904,527TotalAssetsEOYAmt
Total Assets EOYFMV$37,786,022TotalAssetsEOYFMVAmt
Other Liabilities BOY$2,345OtherLiabilitiesBOYAmt
Other Liabilities EOY$2,333OtherLiabilitiesEOYAmt
Total Liabilities BOY$2,345TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,333TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$12,055,164AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$12,055,164AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$289,849RetainedEarningBOYAmt
Retained Earning EOY-$2,152,970RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,345,013TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,902,194TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,347,358TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,904,527TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,345,013TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$737,275ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$11,607,738SubtotalAmt
Other Decreases$1,705,544OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$9,902,194TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
PASS-THROUGH NET SECTION 1231 LOSSD$87,495-$87,495-$87,495
UNION BANK X6160D$218,480-$2,275-$2,275$216,205
UNION BANK X6160D$100,407-$407-$407$100,000
UNION BANK X6160D$58$4$4$62
CAPITAL GAINS DIVIDENDSP$20,135$20,135$20,135
FieldValueIRS element (for citing)
Capital Gain Net Income-$70,038CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,602,931AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$19,553,935NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.235397DistributionYr1Rt
Adjusted Qlfy Distri Yr2$0AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,267,099NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.000000DistributionYr2Rt
Total Distribution0.235397TotalDistributionRt
Average Distribution0.117699AverageDistributionRt
Net Vl Noncharitable Assets$34,443,695NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$4,053,988AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$4,359NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$4,058,347AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$76,985QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8,717InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$8,717SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$8,717TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$18,880ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$18,880TotalPaymentsAndCreditsAmt
Es Penalty$178EsPenaltyAmt
Overpayment$9,985OverpaymentAmt
Applied To ES Tax$9,985AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksROBERT P PIZZUTOIndividualWithBooksNm
Phone6192391211PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1401 B ST SUITE 2400AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92101ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business HoldingsYes (1)BusinessHoldingsInd
Excess Business Holdings0ExcessBusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT P PIZZUTO
401 B ST SUITE 2400SAN DIEGOCA92101SECRETARY8.00$50,000$0$0
CAROL VASSILIADIS
401 B ST SUITE 2400SAN DIEGOCA92101PRESIDENT2.00$0$0$0
MELISSA VASSILIADIS
401 B ST SUITE 2400SAN DIEGOCA92101DIRCTOR2.00$0$0$0
ANDREW VASSILIADIS
401 B ST SUITE 2400SAN DIEGOCA92101DIRCTOR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,844,413AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$843,778AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$31,280,027FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,968,218TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,968,218AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$524,523CashDeemedCharitableAmt
Net Vl Noncharitable Assets$34,443,695NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,722,185MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,722,185MinimumInvestmentReturnAmt
Tax Based On Investment Income$8,717TaxBasedOnInvestmentIncomeAmt
Total Tax$8,717TotalTaxAmt
Distributable Before Adj$1,713,468DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,713,468DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,713,468DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$76,985ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$76,985QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$76,985AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,713,468DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$3,521,300ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,521,300TotalExcessDistributionCyovAmt
Qualifying Distributions$76,985QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$76,985AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$1,636,483ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$1,636,483ExcessDistributionCyovAppCYAmt
Total Corpus$1,884,817TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,884,817ExcessDistriCyovToNextYrAmt
Excess From Year1$1,884,817ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCAROL VASSILIADISContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$101,319ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$89,342ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$265,125ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$70,038ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$385,748ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$385,748TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$17,314Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$17,314DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceREQUIRED STATEMENT PURSUANT TO TREAS. REG. SEC. 53.4942(A)-3(B)(7)(II)FormAndLineReferenceDesc
Medium ExplanationREQUIRED SCHEDULES AND STATEMENTS SUPPORTING CASH DISTRIBUTION TEST OF IRC SEC. 4942(G)(2)(B)(II) AS SET FORTH IN TREASURY REG. SEC. 53.4942(A)-3(B)(7)(II):1. THE NATURE AND PURPOSES OF THE PROJECT FOR WHICH THE AMOUNTS ARE TO BE SET ASIDE ARE DESCRIBED AS FOLLOWS: IN 2018, THE FOUNDATION SET ASIDE $4,500,000 AS A COMMITMENT FOR MULTI-YEAR SPONSORED PUBLIC GRADE SCHOOL EXPERIENCES AT THE ZOOLOGICAL SOCIETY OF SAN DIEGO.2. THE AMOUNTS SET ASISDE FOR THE PROJECT DESCRIBED IN ITEM 1 WILL ACTUALLY BE PAID WITHIN THE 60-MONTH PERIOD THAT ENDS NO MORE THAN 60 MONTHS AFTER THE DATE ON THE SET ASIDE. THE 60-MONTH PERIOD IN THIS CASE WILL END ON OR BEFORE DECEMBER 31, 2022 (THE FOURTH TAXABLE YEAR AFTER CREATION OF THE FOUNDATION). THUS, THE FULL PAYMENT PERIOD AS DEFINED IN TREAS. REG. SEC. 53.4942(A)-3(B)(5)(I) WILL COMMENCE AFTER THAT DATE (I.E., AFTER THE START-UP PERIOD).3. THE PROJECT WILL NOT BE COMPLETED BEFORE THE END OF THE ABOVE-REFERENCED TAX YEAR (THE 2018 TAX YEAR IN WHICH THE SET ASIDE WAS ORIGINALLY MADE).4. THE FOLLOWING ARE THE DISTRIBUTABLE AMOUNTS DETERMINED UNDER IRC SEC. 4942(D) FOR ALL PAST TAX YEARS IN THE TAXPAYER'S START-UP AND FULL PAYMENT PERIODS:TAX YEAR START-UP PERIOD DISTRIBUTABLE AMOUNTS-------- -------------------------------------2017 N/A - NOT A START-UP YEAR - INITIAL YEAR OF FOUNDATION CREATION2018 $972,988 - START-UP PERIOD COMMENCES2019 $1,713,0695. THE FOLLOWING ARE THE ACTUAL PAYMENTS MADE IN CASH OR ITS EQUIVALENT FOR TAX-EXEMPT PURPOSES DURING EACH TAX YEAR IN THE TAXPAYER'S START-UP AND FULL PAYMENT PERIODS: $900,000 MADE ON SEPTEMBER 26, 2020 TO THE ZOOLOGICAL SOCIETY OF SAN DIEGO.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENT IN MARKETABLE SECURITY INTERESTSStockNm
EOY Book Value$3,277,793EOYBookValueAmt
EOYFMV$3,432,148EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT IN REAL ESTATE PARTNERSHIPSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$5,756,860BookValueAmt
EOYFMV$33,484,000EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$5,428LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$5,428DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
PRIOR PERIOD ADJUSTMENT$1,695,770
NON-DEDUCTIBLE EXPENSES$9,774

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE PARTNERSHIPS-P3T$469,155$0$0
BUSINESS REGISTRATION FEES$10$0$10
OFFICE SUPPLIES$67$0$67
INVESTMENT ADVISORY FEES$19,927$19,927$0
PAYROLL ADMINISTRATIVE EXPENSES$21$0$21
PASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE PARTNERSHIPS-CRW$550,719$0$0
ENTERPRISE PRODUCTS PARTNERS LP ORDINARY INCOME LOSS$2,176$0$0
INSURANCE$2,461$0$0
CHARITABLE TRUST FEES$75$0$75

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPASS-THROUGH NET RENTAL REAL ESTATE LOSSES FROM REAL ESTATE INCOME-CASOLEILDesc
Revenue And Expenses Per Books$265,125RevenueAndExpensesPerBooksAmt
Net Investment Income$265,125NetInvestmentIncomeAmt
Adjusted Net Income$265,125AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescPAYROLL LIABILTIESDesc
BOY Book Value$2,345BOYBookValueAmt
EOY Book Value$2,333EOYBookValueAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonCAROL VASSILIADISPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 B ST SUITE 2400AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92101ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES PAID$4,070$0$4,070
FRANCHISE TAX BOARD$1,600$0$0

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